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EnergyPre-market

Coal India and Damodar Valley Corporation sign ₹21,000 cr JV

pre-market1 source ↓written by the desknot a recommendation

to develop
₹21,000 cr Joint Venture
and aims
800 MW ultra-supercritical units

Coal India Ltd and Damodar Valley Corporation have entered into a ₹21,000 cr Joint Venture to develop a 1,600 MW coal-fired thermal power plant in Chandrapura, Jharkhand. The project will feature two 800 MW ultra-supercritical units and aims for commercial operations by FY 2031-32.

This collaboration is significant for the energy sector, enhancing coal-based power generation capacity and utilizing coal from CIL’s central coalfields. ⚡

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 10 Nov 2025, 07:05 IST.

Sourcesnews.google.com

The market after the news

COALINDIA closed +1.4% on the day of the news, from ₹376.00 to ₹381.35; Nifty +0.3% over the same session; futures OI −1.8%.

Bulletin at 07:05 IST on 10 Nov 2025. Every change is measured from ₹376.00, the last close before it, on 7 Nov. Nifty 50 is measured over the same sessions.

  • COALINDIA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
COALINDIA closes around the bulletin against the close before the news, with Nifty 50 rebased to it347.27376.00404.73axis spans 17%before the news · 7 Nov376.00Nifty 50COALINDIAbulletinD0+1+3+531 Oct13 Nov24 NovFutures open interest, lotspeak 46,000Reference close ₹376.00. 16 sessions from 31 Oct to 24 Nov; the price axis spans 17 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before7 Nov₹376.00basebase
On the day10 Nov₹381.35▲ +1.4%▲ +0.3%+1.1 pp difference
+1 session11 Nov₹382.80▲ +1.8%▲ +0.8%+1.0 pp difference
+3 sessions13 Nov₹383.20▲ +1.9%▲ +1.5%+0.4 pp difference
+5 sessions17 Nov₹387.85▲ +3.1%▲ +2.0%+1.1 pp difference
Gap at the open, % · ₹
0.0%+0.11 on 10 Nov
Day's range, % · ₹
1.7%≈ 6.3 high to low
Volume on the day
0.59×the 20-session average
Futures OI on the day
▼ −1.8%−810 lots · short covering · price +1.4%
Futures OI open, lots
45,00010 Nov · 25 Nov expiry
Futures premium, ₹
+1.40+0.4% to spot
Puts per call, by OI
0.76from 0.75 the session before
Max pain
382from 380 the session before

Source NSE UDiFF bhavcopy · COALINDIA on the desk →

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